United States Smart Lock Market Size and Share

United States Smart Lock Market Summary
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United States Smart Lock Market Analysis by Mordor Intelligence

The United States Smart Lock Market size is estimated at USD 3.37 billion in 2025, and is expected to reach USD 6.88 billion by 2030, at a CAGR of 15.34% during the forecast period (2025-2030). In terms of shipment volume, the market is expected to grow from 17.46 million units in 2025 to 39.03 million units by 2030, at a CAGR of 17.45% during the forecast period (2025-2030). Momentum stems from persistent package-theft incidents, broader smart-home ecosystem maturity, and ultra-wideband (UWB) integration in mainstream smartphones. Deadbolt compatibility with existing door hardware underpins widespread residential adoption, while specialty locks gain traction in commercial retrofits. Build-to-rent developers and insurance incentives accelerate demand, and strategic consolidation among leading brands reinforces competitive intensity across both online and offline channels.

Key Report Takeaways

  • By product type, deadbolts held 61.89% of the US Smart Lock Market share in 2024, whereas specialty and mortise locks are forecast to expand at a 17.69% CAGR through 2030.
  • By end-user, residential installations led with 89.55% share of the US Smart Lock Market size in 2024, while commercial deployments exhibit the fastest growth at an 18.59% CAGR to 2030.
  • By installation type, retrofit solutions accounted for 58.70% of 2024 revenue, yet new-construction integrated systems are advancing at a 16.10% CAGR to 2030.
  • By distribution channel, offline retail and installer networks captured 54.30% of 2024 sales, but online direct and marketplace platforms are growing at a 17.60% CAGR to 2030.

Segment Analysis

By Product Type: Deadbolts Anchor Adoption while Specialty Locks Accelerate

Deadbolt locks accounted for 61.89% of the US Smart Lock Market share in 2024 because most US doors are pre-bored for this format. Retrofit convenience encourages DIY adoption, and platform support from dominant brands reinforces deadbolt strength. The segment benefits from frequent insurance discounts and a rich accessory ecosystem that includes video doorbells and sensors. Specialty categories such as mortise and lever locks grow at a 17.69% CAGR as commercial renovations demand architecture-specific hardware. These products integrate advanced credentials such as biometric pads, which lift the average selling price and margin. 

Specialty growth stems from commercial building upgrades, hospitality retrofits, and high-end residential applications that favor design continuity. The US Smart Lock Market size for mortise solutions is forecast to expand steadily as system integrators bundle access control with building automation platforms. Rugged padlocks address outdoor storage and construction needs where weather sealing is critical. Although niche, the padlock segment proves smart access utility beyond the front door, broadening vendor addressable revenue.

United States Smart Lock Market: Market Share by Product Type
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By End-User: Residential Dominance Meets Commercial Momentum

Residential buyers represented 89.55% of revenue in 2024 due to the enormous installed base of single-family homes and growing DIY culture. Voice-assistant interoperability and discounted insurance premiums sustain household demand. Battery life improvements lengthen replacement cycles, but upgrade intent remains high because UWB and Matter features motivate second-generation purchases. Commercial deployments, however, record an 18.59% CAGR. Property managers value centralized credential management that trims labor costs tied to mechanical key turnover. 

Cloud dashboards let facilities revoke or grant access across hundreds of doors within seconds. The US Smart Lock Market size for commercial applications is forecast to rise sharply in multi-family and healthcare properties, where audit compliance drives technology adoption. Rising corporate ESG goals also favor smart locks that integrate with energy management systems and occupancy analytics.

By Installation Type: Retrofit Volume Gives Way to Integrated Construction

Retrofit projects held 58.70% revenue in 2024 because existing mechanical locks provide a vast upgrade pool. Homeowners appreciate tool-free conversion kits that preserve door aesthetics. Yet feature depth now demands professional assistance when adding multiple connectivity standards or biometric modules. Meanwhile, new-build integration posts a 16.10% CAGR as developers prewire doors during construction. Pre-installation minimizes labor duplication and ensures optimal strike alignment, which reduces service calls. 

Large build-to-rent portfolios specify connected locks to entice tenants seeking convenience features. Integrated projects align with green building incentives that reward low-power hardware tied into energy dashboards. Over time, the US Smart Lock Market share for new-build systems will expand as code requirements for electronic access permeate state regulations.

United States Smart Lock Market: Market Share by Installation Type
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By Distribution Channel: Digital Direct Sales Capture Incremental Growth

Offline retail and installer networks secured 54.30% of 2024 turnover because brick-and-mortar outlets offer immediate product availability and installation services. Big-box stores and locksmith channels remain critical for consumers requiring hands-on demonstrations. However, online direct and marketplace platforms outpace the broader market at a 17.60% CAGR. Detailed product comparisons, transparent pricing, and expedited shipping attract tech-savvy buyers. 

Manufacturers leverage e-commerce storefronts to gather first-party data that informs firmware updates and accessory launches. Subscription-based cloud services can be bundled seamlessly at checkout. As a result, the US Smart Lock Market size attributed to digital channels will widen, though professional installers will retain relevance for complex commercial deployments.

Geography Analysis

Regional adoption patterns reflect demographic concentration, regulatory climate, and infrastructure maturity. The Northeast corridor posts elevated smart lock penetration because high property values justify investment, and package theft rates remain acute. Connecticut exhibits a 28.2% smart-home adoption rate, signaling market sophistication. The US Smart Lock Market maintains steady volume in Washington, DC, and California, where technology employment and early-adopter culture intersect with robust broadband coverage. Building-code rigidity in San Francisco shifts demand to pro-installed solutions, lifting average installation cost. 

Sunbelt metros, including Austin, Phoenix, and Atlanta, showcase some of the fastest unit growth. Build-to-rent developers integrate intelligent locks in new communities to differentiate amenities and streamline turnover. Insurance rebates vary by state, creating local incentives that guide channel emphasis. Rural markets trail because broadband limitations and lower home values reduce perceived payoff, but satellite internet expansion gradually lowers this barrier. 

The UL Solutions Cyber Trust Mark, launched in December 2024, sets voluntary federal cybersecurity standards that may harmonize disparate state rules. Unified certification could trim compliance expenses for vendors and accelerate multi-state launches. Nonetheless, municipal egress requirements continue to influence SKU selection, especially where historic preservation codes restrict exterior hardware modifications.

Competitive Landscape

ASSA ABLOY strengthened its portfolio with the USD 4.3 billion acquisition of Spectrum Brands’ Hardware and Home Improvement unit, bringing Yale, Kwikset, and Baldwin under one roof. Consolidation enhances economies of scale in manufacturing and distribution, allowing aggressive pricing while funding R&D for Matter-ready firmware. Allegion counterbalances with its Schlage range and reported USD 3.77 billion in 2024 revenue, noting double-digit electronics growth. 

Competitive focus has shifted toward ecosystem openness. Leaders fast-track firmware that supports Matter, Thread, and upcoming Aliro protocols. Partnerships with Amazon, Google, and Apple multiply channel exposure. Emerging disruptors such as Wyze and Lockly compete on biometric innovation and direct-to-consumer pricing that sidesteps legacy dealer margins. 

Technology roadmaps emphasize UWB, AI-driven threat analytics, and ultra-low-power chipsets that enable two-year battery cycles. Incumbents invest in cloud platforms that bundle subscription services, creating annuity streams and reinforcing customer lock-in. Commercial verticals like healthcare and education appear attractive because compliance hurdles deter new entrants once certification is achieved.

United States Smart Lock Industry Leaders

  1. August Home Inc. (ASSA ABLOY AB)

  2. Yale Home (ASSA ABLOY AB)

  3. Kwikset (ASSA ABLOY AB)

  4. Schlage (Allegion Company)

  5. Level Home Inc.

  6. *Disclaimer: Major Players sorted in no particular order
United States Smart Lock Market Concentration
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Recent Industry Developments

  • September 2025: Wyze launched Palm Lock, featuring palm-vein biometric recognition for USD 129-130.
  • April 2025: Yale and ADT released Assure Lock 2 Touch with Z-Wave 800 connectivity at USD 279.99.
  • January 2025: Lockly introduced the Duet Series and UWB Edition at CES, priced at USD 379.99.

Table of Contents for United States Smart Lock Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing integration with smart-home hubs and voice assistants
    • 4.2.2 Rising package-theft incidents boosting entryway security demand
    • 4.2.3 Insurance premium discounts for smart-security installations
    • 4.2.4 Build-to-rent single-family developments adopting smart locks at scale
    • 4.2.5 ESG/LEED incentives for connected access solutions
    • 4.2.6 UWB passive-entry in smartphones
  • 4.3 Market Restraints
    • 4.3.1 Persistent cyber-security vulnerabilities and public hacks
    • 4.3.2 Multi-family building code restrictions on retrofit devices
    • 4.3.3 Chip-set supply constraints for secure SoCs
    • 4.3.4 Consumer privacy concerns over data sharing
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Intensity of Competitive Rivalry
    • 4.7.5 Threat of Substitute Products
  • 4.8 Pricing and Historical Price Trends
  • 4.9 An Assessment of Macroeconomic Impact on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Deadbolt
    • 5.1.2 Padlock
    • 5.1.3 Other Product Types (Mortise, etc.)
  • 5.2 By End-user
    • 5.2.1 Residential
    • 5.2.2 Commercial
  • 5.3 By Installation Type
    • 5.3.1 Retrofit
    • 5.3.2 New-Construction Integrated
  • 5.4 By Distribution Channel
    • 5.4.1 Online (Direct and Marketplaces)
    • 5.4.2 Offline (Retail, Installers)

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 August Home Inc. (ASSA ABLOY AB)
    • 6.4.2 Yale Home (ASSA ABLOY AB)
    • 6.4.3 Kwikset (ASSA ABLOY AB)
    • 6.4.4 Schlage (Allegion Company)
    • 6.4.5 Level Home Inc.
    • 6.4.6 U-Tec Group Inc.
    • 6.4.7 Wyze Labs, Inc.
    • 6.4.8 Lockly Inc.
    • 6.4.9 Eufy Security (Anker Innovations)
    • 6.4.10 SimpliSafe, Inc.
    • 6.4.11 Sentrilock, LLC
    • 6.4.12 Gate Labs Inc.
    • 6.4.13 RemoteLock
    • 6.4.14 SwitchBot Inc.
    • 6.4.15 Onity Inc. (Carrier Global)
    • 6.4.16 Digilock Inc.
    • 6.4.17 Igloohome Pte Ltd
    • 6.4.18 Nuki Home Solutions Inc.
    • 6.4.19 PDQ Locks
    • 6.4.20 Baldwin (Part of ASSA ABLOY)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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United States Smart Lock Market Report Scope

A smart lock is an electromechanical device used for locking that facilitates users in various industries to access and unlock the device remotely to enter the premises. Smart locks allow remote authentication to be verified and authorized users by providing access to smartphone connections and other smart devices through various communication technologies, like Wi-Fi, Bluetooth, Zigbee, or Z-Wave. The United States smart lock market is segmented on the basis of End-users that cover Residential as well as Commercial users and by Type of lock that covers Deadbolt, Padlock, and other types of locks such as Lever Handles and Mortise.

By Product Type
Deadbolt
Padlock
Other Product Types (Mortise, etc.)
By End-user
Residential
Commercial
By Installation Type
Retrofit
New-Construction Integrated
By Distribution Channel
Online (Direct and Marketplaces)
Offline (Retail, Installers)
By Product Type Deadbolt
Padlock
Other Product Types (Mortise, etc.)
By End-user Residential
Commercial
By Installation Type Retrofit
New-Construction Integrated
By Distribution Channel Online (Direct and Marketplaces)
Offline (Retail, Installers)
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Key Questions Answered in the Report

How large is the US Smart Lock Market in 2025?

The market is valued at USD 3.37 billion in 2025.

What CAGR is forecast for smart locks in the United States through 2030?

A 15.34% CAGR is projected for the 2025-2030 period.

Which product type holds the leading share in U.S. shipments?

Deadbolt smart locks command 61.89% of 2024 revenue.

Why are insurance providers offering smart-home discounts?

Insurers cite reduced burglary risk and faster claims processing when smart locks integrate with monitored alarm systems.

Which technology trend is driving premium price points?

Ultra-wideband passive entry enables hands-free unlocking and supports higher hardware pricing.

Which sales channel is growing the fastest?

Online direct and marketplace platforms are advancing at a 17.60% CAGR.

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